.comment-link {margin-left:.6em;}


Economic Data (USA)

Thursday, December 28, 2006

All 3 Majors Retreated Today On A Sharp Decline In Crude Oil Stocks

All 3 major indices declined today despite positive reports on existing home sales and consumer confidence: investors reacted to a sharp decline in crude oil stocks and a decreased likelihood that the Fed will cut interest rates before Q3, 2007. 906,701,940 shares were traded @ The New York Stock Exchange® today.

Summary of The U.S. Markets:


DJIA: Closed @ 12,501.52 (-9.05)

NASDAQ: Closed @ 2,425.57 (-5.65)

S + P 500: Closed @ 1,424.73 (-2.11)


WTI Crude Oil Future closed @ $60.60/barrel

NY Spot Gold closed @ $633.40/ounce

In New York, The U.S. Dollar buys 0.7596 Euros

In New York, The Euro buys 1.3164 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.69%




Entire Website © 2022 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.